Gold extended its weekly profit to 5%, since the Donald Trump threatened to impose sweep duties on the European Union and Apple Inc ..

The spots rose 1.9% on Friday to negotiate more than $ 3,350, after the US president threatened 50% of goods from the European Union since June 1, saying that “our discussions with them are nowhere to be found.” Trump also threatened Apple with duties at least 25% if it does not build its iPhones in the US.

Gold has increased by more than 25% this year and is about $ 150 below the historical high achieved last month. His rise was backed by the consequences of the tariff war that Trump started, which led investors to find “refuge” in gold, away from commercial disorders.

Following her decision Moody’s Ratings To remove their top credit rating, investors are now concerned that President Donald Trump’s tax bill – which has passed through the House and is now going to the Senate – will boost the already inflated deficit.

The yields of the 10 -year bonds of USA increased this week to around 4.5%.

Meanwhile, platinum amounted to the highest level of the last two years and has been on the right track for weekly profits of over 9%, the highest rise in more than four years.

Gold negotiated 1.9% higher at $ 3,358 a ounce at 1:51 pm to Londonafter closing 0.6% on Thursday. The Bloomberg Dollar spot index fell 0.5%. Silver and palladium go to weekly profits.